Thursday, May 15, 2025

Hyundai sends fact-finding team to India as market share hits 12-year low

Hyundai Motor faces challenges in India. Market share declined to a low since FY13. Competition from Mahindra and Tata Motors increased. A fact-finding team was dispatched to analyze the situation. Internal concerns surfaced during CEO's visit. New plant in Maharashtra will offer capacity for expansion. Analysts point to underperforming models. Launch pipeline is expected to turn favorable from CY26.

from Auto-Industry-Economic Times https://ift.tt/pmXL0v8

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